- Where are Enbridge Income Fund Holdings Inc. shares listed and what is the ticker symbol?
ENF common shares are listed on the Toronto Stock Exchange under the ticker symbol “ENF”.
- Can I buy shares directly from ENF?
No. All purchases and sales of ENF common shares are required to be transacted through a registered broker dealer.
- Does ENF pay a dividend?
Yes. ENF currently pays a dividend monthly. Dividends are declared at the discretion of the ENF Board of Directors.
- Does ENF have a dividend reinvestment plan?
Yes. ENF offers a dividend reinvestment plan (DRIP) to its shareholders. Shareholders can participate in the DRIP free of administration fees. For more information on the DRIP please click here.
- Where is ENF headquartered?
ENF's office is located in Calgary, Alberta.
- When was ENF created?
ENF was incorporated on March 22, 2010 and began trading on the TSX in December 2010 following the restructuring of the Fund.
- Does the original income trust, Enbridge Income Fund, still exist?
Yes. The Fund still exists and through ENF's holding of Fund Units, ENF investors can participate in the cashflows generated by the energy infrastructure assets owned by the Fund.
- What is Enbridge Inc.’s ownership interest in ENF?
Enbridge Inc. holds 19.9% of the common shares issued by ENF.
It also holds 57.2% of the units issued by the Fund, 100% of the Preferred Units issued by Enbridge Commercial Trust (ECT), 100% of the class A, C, and D units of Enbridge Income Partners LP. In total Enbridge Inc. has ~90% economic interest in the Fund.
- Does ENF have an independent Board of Directors?
Yes. ENF has a Board of Directors which consists of seven members, six of which are considered independent. The Fund has an independent Corporate Trustee and is managed by the Board of Trustees of Enbridge Commercial Trust (ECT). The majority of the ECT Trustees are also independent.